Despite Sino-American cooperation on the fentanyl crisis, new incentives are making Chinese money laundering operations stronger.
Illustration by Ellie Foreman-Peck
Janet Yellen’s April trip to China was, somehow, even more resounding a success than her first, the previous July, when Chinese netizens marveled at her choice to eat a rare and sometimes-hallucinogenic Yunnanese mushroom. This time around, the Treasury Secretary was praised for her chopstick mastery and modest style, which, observers pointed out, stood in stark contrast to Chinese officials’ flashy suits and entourages of umbrella-wielding apparatchiks.
Source: @SecYellen via X
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Taiwan is almost entirely dependent on imported fossil fuels for its power supply — a critical weakness in the event of a Chinese blockade. But the very democratic forces on the island that China would be seeking to destroy through forced unification are also standing in the way of the obvious solution: aggressive investment in nuclear power and renewable energies.
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